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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 2884489" data-attributes="member: 56035"><p>free market miracles?:</p><p></p><p></p><p></p><p>Most of this is in the form of mortgages.</p><p></p><p><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/canada%20household%20debt.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p>Next, despite Canada's low rates, the debt service ratio of an average Canadian household is nearly 40% higher than when compared to the US.</p><p></p><p><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/canada%20household%20debt%20service.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p>And finally, the punchline: indexed home prices in Canada compared to the US. This needs to commentary.</p><p></p><p><img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/canada%20housing%20prices.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="rickyb, post: 2884489, member: 56035"] free market miracles?: Most of this is in the form of mortgages. [IMG]http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/canada%20household%20debt.jpg[/IMG] Next, despite Canada's low rates, the debt service ratio of an average Canadian household is nearly 40% higher than when compared to the US. [IMG]http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/canada%20household%20debt%20service.jpg[/IMG] And finally, the punchline: indexed home prices in Canada compared to the US. This needs to commentary. [IMG]http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/04/19/canada%20housing%20prices.jpg[/IMG] [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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